Axis Bank To Acquire 29% Stake In Max Life
Business | Edited by Peter Noronha | Tuesday April 28, 2020
The transaction is subject to approvals from Reserve Bank of India, Insurance Regulatory and Development Authority of India, and Competition Commission of India.
Life Insurance Sector Likely to Grow 12-15% in FY16: Icra
Business | Press Trust of India | Monday July 6, 2015
In 2014-15, new business premium for private sector players rose by 18 per cent, while for LIC it contracted by 13 per cent mainly due to decline in its individual business.
Insurance Set for Valuation Upgrade, May Get $8-10 Bn FDI: Report
Business | Sunday March 22, 2015
India's insurance sector is set for a major upgrade in its valuation and foreign players may infuse $8-10 billion (over Rs 60,000 crore) of capital with the passage of a new bill enhancing the FDI cap.
Insurance to Attract up to Rs 50,000 Crore Foreign Investments: Report
Business | Thursday December 11, 2014
A proposed hike in foreign investment limit to 49 per cent in the insurance sector has potential to attract up to $7-8 billion (about Rs 50,000 crore) from overseas investors, giving a major boost to the segment.
SBI Life Insurance to relaunch 10 plans by January 1
Business | Sunday November 17, 2013
The Insurance Regulatory and Development Authority (IRDA) had extended the deadline for implementation of new individual product regulations for the life insurance industry by three months to December 31 to enable insurers to cope with the system readiness.
Tax concessions for life insurance sector likely in Budget
Business | Wednesday March 6, 2013
Life insurance policyholders can look forward to more tax concessions as Finance Ministry is considering a proposal to do away with service tax on first premium and create separate exemption limit for pension schemes in the upcoming Budget.
Axis Bank To Acquire 29% Stake In Max Life
Business | Edited by Peter Noronha | Tuesday April 28, 2020
The transaction is subject to approvals from Reserve Bank of India, Insurance Regulatory and Development Authority of India, and Competition Commission of India.
Life Insurance Sector Likely to Grow 12-15% in FY16: Icra
Business | Press Trust of India | Monday July 6, 2015
In 2014-15, new business premium for private sector players rose by 18 per cent, while for LIC it contracted by 13 per cent mainly due to decline in its individual business.
Insurance Set for Valuation Upgrade, May Get $8-10 Bn FDI: Report
Business | Sunday March 22, 2015
India's insurance sector is set for a major upgrade in its valuation and foreign players may infuse $8-10 billion (over Rs 60,000 crore) of capital with the passage of a new bill enhancing the FDI cap.
Insurance to Attract up to Rs 50,000 Crore Foreign Investments: Report
Business | Thursday December 11, 2014
A proposed hike in foreign investment limit to 49 per cent in the insurance sector has potential to attract up to $7-8 billion (about Rs 50,000 crore) from overseas investors, giving a major boost to the segment.
SBI Life Insurance to relaunch 10 plans by January 1
Business | Sunday November 17, 2013
The Insurance Regulatory and Development Authority (IRDA) had extended the deadline for implementation of new individual product regulations for the life insurance industry by three months to December 31 to enable insurers to cope with the system readiness.
Tax concessions for life insurance sector likely in Budget
Business | Wednesday March 6, 2013
Life insurance policyholders can look forward to more tax concessions as Finance Ministry is considering a proposal to do away with service tax on first premium and create separate exemption limit for pension schemes in the upcoming Budget.
................................ Advertisement ................................
................................ Advertisement ................................
